Rare Te Aro industrial - first time in 40 years
A rare Te Aro industrial opportunity, this long-held property is offered to the market for the first time in 40 years.
Positioned in a sought-after central city location, it will appeal to owner-occupiers, investors, and those seeking a strategic inner-city foothold.
The property comprises approximately 575sqm of total floor area over the ground and first floor, set on a 356sqm land parcel. The current ground floor tenancies are on a monthly basis, providing flexibility for buyers looking to occupy, reconfigure, or secure income in the short term. The first floor is leased to a longstanding tenant.
The current net income is $52,432 pa.
Off-street undercover parking for four vehicles adds further value in this highly accessible and tightly held precinct.
Opportunities of this nature in Te Aro are seldom available. A strategic property with flexibility, location, and future potential.
To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/22webbstreet
• First time on the market in 40 years
• Approx. 575sqm total floor area over two levels
• 356sqm land area
• Ground floor tenants on a monthly basis
• Off-street undercover parking for 4 cars
Positioned in a sought-after central city location, it will appeal to owner-occupiers, investors, and those seeking a strategic inner-city foothold.
The property comprises approximately 575sqm of total floor area over the ground and first floor, set on a 356sqm land parcel. The current ground floor tenancies are on a monthly basis, providing flexibility for buyers looking to occupy, reconfigure, or secure income in the short term. The first floor is leased to a longstanding tenant.
The current net income is $52,432 pa.
Off-street undercover parking for four vehicles adds further value in this highly accessible and tightly held precinct.
Opportunities of this nature in Te Aro are seldom available. A strategic property with flexibility, location, and future potential.
To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/22webbstreet
• First time on the market in 40 years
• Approx. 575sqm total floor area over two levels
• 356sqm land area
• Ground floor tenants on a monthly basis
• Off-street undercover parking for 4 cars
Key features
Opportunity
First time on the market in 40 years
Floor area details
Approx. 575sqm total floor area over two levels
Land area breakdown
356sqm land area
Occupancy
Ground floor tenants on a monthly basis
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